Crypto Could Represent New Asset Class in Next Decade, Says BitMEX CEO Bitcoin (BTC) has the potential to become a new asset class in the next ten years, CEO of major crypto derivatives platform BitMEX claimed on the podcast Unchained Dec. 16. Arthur Hayes, CEO and co-founder of BitMEX, the largest crypto exchange by reported daily trade volumes, spoke with host Laura Shin and a group of…

France Rejects Cryptocurrency-Friendly Tax Amendments France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions. Crypto Amendments Rejected The French National Assembly rejected a number of tax amendments designed to benefit cryptocurrency traders…

Ripple Price Analysis: XRP Resumes Uptrend, $0.4000 Next? Key Highlights Ripple price rallied further and traded above the $0.3600 resistance level against the US dollar. There was a break above an ascending channel with resistance at $0.3520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains supported above $0.3500…

Irish High Court Ruling ‘Breaks New Legal Ground,’ Reports Local Media Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported on Tuesday, Dec. 18. The court “broke new legal ground”, the Irish Times states, while considering the case of Neil…